CI Financial
CI Global Asset Management
CI Assante Wealth Management
CI Private Wealth
CI Investment Services
CI Direct Investing
OUR BUSINESSES
Click logos for more info
OUR LOCATIONS
Multiple locations to serve your needs
We have offices throughout North America and around the world.
Locations
CI Global Asset Management Sales Office
CI Investment Services
CI Assante Wealth Management
CI Global Investments Inc.,
an affiliate of CI Global Asset Management
Congress Wealth Management
CI Assante Wealth Management
CI Assante Wealth Management
CI Assante Wealth Management
CI Global Asset Management Sales Office
CI Assante Wealth Management
CI Global Asset Management Sales Office
CI Assante Wealth Management
CI Direct Investing
CI Global Investments Inc.,
an affiliate of CI Global Asset Management
CI Global Investments Asia Limited,
an affiliate of CI Global Asset Management
GSFM
GSFM
GSFM
One Capital Management
Surevest CI Private Wealth
BDF
Cabana Group
OUR HISTORY
A heritage of growth, invention, and investment excellence
- 2020
- 2019
- 2018
- 2017
- 2016
- 2015
- 2013
- 2011
- 2010
- 2009
- 2008
- 2007
- 2006
- 2005
- 2003
- 2002
- 1999
- 1998
- 1997
- 1994
- 1993
- 1981
- 1965
BOARD & MANAGEMENT
Leading the way
CI Financial's executive team is responsible for the management and success of the company, subject to the oversight of the Board of Directors. Our executives are all experienced leaders, who have made significant contributions to the growth and development of CI.
- BOARD OF DIRECTORS
- EXECUTIVE MANAGEMENT
Kurt MacAlpine
Chief Executive Officer and Director, CI Financial
Mr. MacAlpine was appointed Chief Executive Officer and Director of CI Financial in September 2019. He has extensive experience in the global asset and wealth management industry, having previously served as Executive Vice-President and Head of Global Distribution for WisdomTree Asset Management and as a Partner and Leader of the North American Asset Management Practice at McKinsey & Company.
At WisdomTree, a global asset manager and exchange-traded fund sponsor based in New York, Mr. MacAlpine was responsible for all client-facing functions globally, including distribution, marketing, data intelligence and strategy, business development and client solutions. He also oversaw the majority of the firm’s international businesses, which during his tenure included employees in Canada, Europe, Japan, Israel and Latin America and strategic partnerships in Asia and Australia and New Zealand. He was a member of the company’s global executive management committee and sat on the boards of several of its international entities and AdvisorEngine, a digital wealth platform.
Prior to joining WisdomTree in July 2015, Mr. MacAlpine was a Partner at McKinsey, a global management consulting firm, based in its New York office. In his role as a Partner, he managed global consulting teams working with some of the largest asset and wealth managers in the world on topics related to strategy, distribution, marketing, international expansion, mergers and acquisitions, and product development.
Mr. MacAlpine holds a Bachelor of Commerce degree from Saint Mary’s University and an MBA from Queen’s University.
Brigette Chang-Addorisio
President, Raymond Chang Foundation; Director, CI Financial
Ms. Chang-Addorisio is President of the Raymond Chang Foundation, a charitable foundation established by the late G. Raymond Chang, one of the organization’s founders and its CEO from 1996 to 1999. Ms. Chang-Addorisio is Treasurer of G. Raymond Chang Ltd., a privately held investment holding company. From 1999 until 2003 she worked in Ernst & Young’s Audit and Business Advisory group. Ms. Chang-Addorisio holds a BComm from Queen’s University and a BEd from the University of Toronto.
Ms. Chang-Addorisio is a Director of two private companies, Mercatus Technologies Inc. and ColorAd Packaging Ltd.
William T. Holland
Chairman of the Board, CI Financial
Mr. Holland is Chairman of the Board of CI Financial, a position in which he focuses on the firm’s strategic direction and opportunities.
He joined CI in 1989 and worked in progressively senior roles before being appointed Chief Executive Officer in 1999, a position he held for more than 10 years. Under his leadership, CI significantly expanded its product lineup, diversified its distribution and made a number of acquisitions that contributed strongly to the company’s growth and presence in the Canadian wealth management industry.
Mr. Holland is a major shareholder of CI, and sits on the Boards of Directors of Real Matters Inc. and the Holland Bloorview Kids Rehabilitation Hospital Foundation.
David P. Miller
Director, CI Financial
Mr. Miller was Chief Legal and Corporate Affairs Officer and Secretary of Rogers Communications Inc. He had been with Rogers for over 25 years in increasingly senior roles and has extensive experience in acquisitions and public and private financing. Mr. Miller holds a BCL and LLB from McGill University.
Mr. Miller is the Chairman of the Advisory Board of Atlantic Packaging Products Ltd. and is a Director of Maple Leaf Sports & Entertainment Ltd.
Tom P. Muir
Director, CI Financial
Mr. Muir has over 35 years of experience in various accounting, investment banking and senior executive positions. He was Co-Managing Director of Muir Detlefsen & Associates Limited from September 2007 until March 2016. His prior positions include Executive Vice-President and Chief Financial Officer of Maple Leaf Foods Inc. and Co-Head of the Investment Banking Group and Member of the Executive Committee at RBC Dominion Securities Inc. Mr. Muir is a Fellow, Chartered Professional Accountant and a Fellow, Chartered Business Valuator. Mr. Muir has a BComm from the University of Toronto.
Mr. Muir is a Director of Solium Capital Inc., a public company that provides cloud-enabled services for global equity administration, and Brewers Retail Inc. in Ontario. He has been a member of the Boards of Directors of a number of other public companies in the past.
Sheila A. Murray
Director, CI Financial
Ms. Murray is the former President of CI Financial Corp., a position she held from 2016–2019. Previously, she had been Executive Vice-President and General Counsel since 2008, following a 25-year career at Blake, Cassels & Graydon LLP, where she practised securities law with an emphasis on mergers and acquisitions and corporate finance.
She is a member and past Chair of the Dean’s Council at Queen’s University Law School and has taught securities regulation at the school. She was an adjunct professor at Osgoode Hall Law School and has taught Securities Regulation and Corporate Finance at University of Toronto’s Global Professional LLM in Business Law Program for several years.
Ms. Murray is currently Chair of the Board of Teck Resources Limited, a member of the Boards of BCE Inc. and Granite REIT Inc., a Trustee of Granite REIT Inc., and has been a Director of a number of other public and private companies and charities.
In 2016, Ms. Murray was the recipient of the Canadian General Counsel Award for Business Achievement. She received her BComm and LLB degrees from Queen’s University.
Paul J. Perrow
Director, CI Financial
Mr. Perrow has over 25 years of valuable experience in the asset management industry. Mr. Perrow was Senior Vice-President, Director of Sales and Marketing with CI Investments Inc. until December 1996. He has held a number of other senior industry positions including Managing Partner of Red Sky Capital, Co-Head and Managing Director of Merrill Lynch Investment Managers Canada, Co-Founder and President of Fairway Capital and President and CEO of BluMont Capital.
William (Bill) Butt
Director, CI Financial
Mr. Butt joined the Board of Directors in 2019.
Mr. Butt spent many years with BMO Financial Group, most recently as Global Head of Investment and Corporate Banking, a role in which he was responsible for BMO’s business with major corporations worldwide encompassing equity and debt financing, corporate lending, mergers and acquisition advisory services, merchant banking, trade finance and global treasury management. Bill sat on BMO’s Management Committee and BMO Capital Markets’ Executive Operating and Management Committees.
He serves on the Boards of Directors of OMERS and chairs its Audit and Pension Committee. He also serves on the Board of Xplornet Communications and chairs its Human Recourses and Governance Committee. Mr. Butt is Chairman of the St. Michael’s Hospital (Toronto) President’s Council and a member of the St. Michael’s Hospital Foundation Board of Directors. He is Co-Chairperson of the Children’s Aid Foundation of Canada’s $60 million “Stand Up for Kids Campaign for Child Welfare” and a member of the Children’s Aid Foundation’s Board of Directors.
Kurt MacAlpine
Chief Executive Officer and Director, CI Financial
Mr. MacAlpine was appointed Chief Executive Officer and Director of CI Financial in September 2019. He has extensive experience in the global asset and wealth management industry, having previously served as Executive Vice-President and Head of Global Distribution for WisdomTree Asset Management and as a Partner and Leader of the North American Asset Management Practice at McKinsey & Company.
At WisdomTree, a global asset manager and exchange-traded fund sponsor based in New York, Mr. MacAlpine was responsible for all client-facing functions globally, including distribution, marketing, data intelligence and strategy, business development and client solutions. He also oversaw the majority of the firm’s international businesses, which during his tenure included employees in Canada, Europe, Japan, Israel and Latin America and strategic partnerships in Asia and Australia and New Zealand. He was a member of the company’s global executive management committee and sat on the boards of several of its international entities and AdvisorEngine, a digital wealth platform.
Prior to joining WisdomTree in July 2015, Mr. MacAlpine was a Partner at McKinsey, a global management consulting firm, based in its New York office. In his role as a Partner, he managed global consulting teams working with some of the largest asset and wealth managers in the world on topics related to strategy, distribution, marketing, international expansion, mergers and acquisitions, and product development.
Mr. MacAlpine holds a Bachelor of Commerce degree from Saint Mary’s University and an MBA from Queen’s University.
Darie Urbanky
President and Chief Operating Officer
As President and Chief Operating Officer, Mr. Urbanky is responsible for the operational aspects and resources of CI Global Asset Management, CI Assante Wealth Management and other CI Financial companies.
He has been with CI Global Asset Management for over 20 years, serving in progressively more senior roles in Information Technology. His previous position, Chief Technology Officer, included overseeing the technological functions at CI. Prior to that, he held a variety of roles in the financial technology industry at companies such as DST Systems (now IFDS).
Mr. Urbanky holds an MBA from Rotman School of Business and a master’s degree in computer science from University of Toronto and has attended leadership and management programs at Queen’s School of Business.
Roy Ratnavel
Executive Vice-President, Head of Distribution, CI Global Asset Management
Mr. Ratnavel is Executive Vice-President of CI Financial and Head of Distribution for CI Global Asset Management. He directs CI’s retail sales team across Canada as well as the development of sales strategies and initiatives that make use of CI’s diverse lineup of investment products. He has over 25 years of experience in the financial services industry.
Mr. Ratnavel received his undergraduate degree from the University of Toronto. He has completed level I of the CFA program, and is enrolled in the MBA program in Global Asset and Wealth Management at Simon Fraser University
Lorraine Blair
Executive Vice-President and Chief Talent Officer, CI Financial
Ms. Blair joined CI in 1985, holding a number of operational positions before creating the Human Resources department when the company went public in June 1994. She has been a key member of CI’s senior management team as both the company and its human resources department have expanded, helping to integrate 18 corporate acquisitions during that time.
Ms. Blair attended Ryerson University, and has studied Mediation and Alternative Dispute Resolution at the University of Toronto. Lorraine is a CHRE-designated Human Resources professional and holds the Birkman Certification. She is actively involved in fundraising activities for local charities.
Sean Etherington, MSM, CIM
President, CI Assante Wealth Management (Canada) Limited
Mr. Etherington is President of CI Assante Wealth Management, a CI Financial company, where he is responsible for the wealth management firm’s vision and overall strategic plan for the organization, working to support both CI Assante advisors and the continued growth of the company.
He has 20 years of investment industry experience, most recently as Senior Vice-President, Sales & Wealth Services at CI Private Wealth, where he managed the company’s national team of sales, wealth planning and insurance professionals.
Mr. Etherington is a graduate of Queen’s University. He completed the Chartered Investment Manager designation in 2009 and received the Advanced Executive Certificate in General Management from The Smith School of Business, Queen’s University in 2016.
Mr. Etherington is a Director of the MFDA’s Investor Protection Fund, a Director of the Investment Industry Association of Canada, and is a Board member and co-founder of motionball for Special Olympics, a not-for-profit organization whose mandate is to raise national awareness and funding for Special Olympics through integrated social and sporting events.
Jaime Ross, B.A., LL.B.
Executive Vice-President, CI Private Wealth & President, CI Private Counsel
Mr. Ross is Executive Vice-President of CI Private Wealth and oversees CI Financial Corp.’s high-net-worth advisory businesses in the United States and Canada. Since 2020, Mr. Ross has played a leading role in executing on CI’s strategy to expand its wealth management business and globalize the company through the acquisition of top-tier registered investment advisor firms in strategic markets across the United States.
A securities lawyer by training, Mr. Ross began his career at the Ontario Securities Commission after being called to the Ontario bar in 1990. In 1997, Mr. Ross joined Synergy Asset Management, a successful start-up mutual fund company that was acquired by CI in 2003.
Since joining CI, Mr. Ross has worked in a number of senior leadership roles, including Senior Vice-President, Risk Management, and Senior Vice-President, Wealth and Estate Planning at Assante Wealth Management, as well as Head of CI Institutional Asset Management. He has been President of Stonegate Private Counsel since 2007 and President of CI Private Counsel since May 2017. These entities provide wealth management services to some of Canada’s most affluent individuals and families.
Mr. Ross holds a Bachelor of Arts from the University of Western Ontario and a Bachelor of Laws from Dalhousie University.
Ted Kelterborn
Executive Vice-President and Chief Legal Officer, CI Financial
Mr. Kelterborn is Executive Vice-President and Chief Legal Officer of CI Financial and leads the team responsible for all legal affairs of the corporation and its subsidiaries. He joined CI in 2016 from First Asset Investment Management, where he served as Senior Vice-President, Legal and Operations. Prior to joining First Asset, Mr. Kelterborn was Vice-President and General Counsel of Claymore Investments Inc. (now part of BlackRock). Prior to joining Claymore, Mr. Kelterborn was a lawyer with law firms in Toronto and Bermuda and served as Associate General Counsel–Corporate at Nortel Networks. Prior to Nortel, Mr. Kelterborn was a partner at McMillan Binch (now McMillan LLP), practising in the firm’s corporate/commercial and securities law groups.
Mr. Kelterborn also serves as a director of the Canadian Exchange Traded Funds Association and holds a BA from Carleton University and an LLB from the University of Ottawa, and was called to the Ontario Bar in 1992.
